Press Information | POSSEHL – The Entrepreneurs’ Group

		2015	2016	2017	2018	2019
Earnings
Sales	€ million	3,516	3,877	3,809	3,764	4,140
thereof sales from precious metal trading	€ million	1,311	1,682	1,466	1,266	1,537
Sales adjusted for the proceeds from precious metals trading	€ million	2,205	2,195	2,343	2,498	2,603
Earnings before interest, taxes and goodwill amortization (EBITA)	€ million	178	268	189	195	191
Earnings result from ordinary operations (EBIT)	€ million	167	256	175	181	173
Earnings before taxes	€ million	145	243	158	162	153
Consolidated net profit	€ million	89	188	100	107	93
Dividends	€ million	24	57	18	19	20
EBIT ratio*	%	7.6	11.7	7.5	7.2	6.6
Return on equity before taxes	%	19.9	28.7	17.2	16.2	14.3

Net assets
Balance sheet total	€ million	1,382	1,563	1,619	1,788	1,854
Equity	€ million	727	848	919	1,002	1,071
Equity ratio	%	52.6	54.3	56.8	56.0	57.8
Working capital	€ million	488	551	600	706	714

Financial position
Net financial assets	€ million	264	352	366	268	244
Cash flow from operating activities	€ million	223	127	121	91	184
Investment in property, plant and equipment and intangible assets (excluding goodwill)	€ million	67	82	71	108	115
Depreciation of property, plant and equipment and intangible assets (excluding goodwill)	€ million	53	56	58	61	68

Employees
Employees, annual average		12,164	12,443	12,413	13,365	13,331
thereof domestic		6,865	6,896	6,708	6,985	6,913
thereof abroad		5,299	5,547	5,705	6,380	6,418
* sales adjusted for precious metals contained in the output